2024 CHF to MAD Historical Review

YEARLY HIGH

11.7897 MAD

YEARLY LOW

10.8284 MAD

YEARLY AVERAGE

11.2894 MAD

2024 CHF to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CHF to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 11.7897. Conversely, the yearly low was recorded on May 22, dropping to 10.8284.

This high-to-low spread represents a total annual volatility of 0.9613 MAD. From a start-to-finish perspective, comparing the January average rate of 11.5969 to the December average rate of 11.2302, the exchange rate registered a net change of -3.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.7897 was down 0.03% compared to the 2023 peak of 11.7933, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CHF based on timing:

Yearly Peak High 58,949 MAD

2023 Average 56,347 MAD

Yearly Trough Low 54,142 MAD

Transaction Impact: A difference of 4,806.41 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.6577

10.9288

JanuMarcMayJulySeptNove

CHF to MAD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 11.2650, compared to 11.3139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0488 points.

H1 Avg (Jan–Jun) 11.2650

H2 Avg (Jul–Dec) 11.3139

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.4642 MAD (High: 11.7897 / Low: 11.3255). On the other end, November was the most stable month, with a tight range of 0.1665 MAD (High: 11.3803 / Low: 11.2139).

January Spread (Volatile) ±0.4642

November Spread (Stable) ±0.1665

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2217 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2217

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 11.5969) against the same month in 2023 (average: 11.0740), the exchange rate shifted by +0.5229 (+4.72%).

2024 Avg (January) 11.5969

2023 Avg (January) 11.0740

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.7897	11.3255	11.5969
February	11.6658	11.3274	11.4697
March	11.4385	11.1741	11.3130
April	11.1716	10.9633	11.0913
May	11.1154	10.8284	10.9896
June	11.3040	10.9987	11.1296
July	11.3037	10.9168	11.0562
August	11.5393	11.2311	11.3743
September	11.5523	11.3609	11.4835
October	11.5280	11.3614	11.4343
November	11.3803	11.2139	11.3048
December	11.3766	11.0738	11.2302